(NEW YORK)An analyst lowered his estimates and target price on hard disk drive maker Western Digital Corp. and larger rival Seagate Technology on Wednesday, citing "challenging industry cond...READ MORE
(NEW YORK)Shares of Xyratex Ltd. fell to a new multiyear low Wednesday after the data storage and storage technology company reported fiscal third-quarter results and fourth-quarter guidance...READ MORE
(NEW YORK)Business spending on information technology is starting to look shaky, an RBC Capital Markets Corp. analyst wrote Thursday as he slashed estimates for next year's earnings at more ...READ MORE
Among the stock activity stories for Thursday, June 26, from AP Financial News: NEW YORK (AP)--Shares of Palm Inc. fell Thursday in the hours before it was slated to release its fi...READ MORE
(NEW YORK)Shares of Xyratex Ltd. dropped Thursday after the computer storage products company said it expects fiscal third-quarter results below Wall Street's forecasts and several analy...READ MORE
(NEW YORK)Strong sales of Research in Motion's BlackBerry device fueled the smart phone maker's fiscal first-quarter profit and revenue, which more than doubled.READ MORE
Among the earnings projection stories for Wednesday, June 25, from AP Financial News: PLANO, Texas (AP)--J.C. Penney Co. will further slow the pace of new department store openings...READ MORE